Saraswati Saree Depot IPO: Listing Date Nears Amidst Bullish Grey Market

Investors Eye August 20th Listing The wait is almost over for Saraswati Saree Depot IPO applicants. Following the allotment status announcement, the focus has shifted towards the listing date, which is most likely set for August 20th, 2024. How to Check Allotment Status Applicants can check their application status online by logging in to either the Bombay Stock Exchange (BSE) website or the website of Bigshare Services Private Limited, the official registrar for the IPO. Grey Market Shows Strong Interest The grey market premium (GMP) for Saraswati Saree Depot has witnessed a significant rise, indicating bullish sentiment. According to market observers, the current GMP sits at ₹55, a jump of ₹14 from Friday's figure of ₹41. This suggests that the grey market anticipates a listing price ₹55 higher than the issue price.